Key week for modernization of Costa Rica airport

This week could hold the key to the modernization of the Juan Santamaría international airport in San José, Costa Rica.

Monday, May 12, 2008

The authorities gave Alterra, the airport's private operator 60 days to come up with a plan to conclude pending works. The deadline expires Wednesday.
Last week it emerged that Alterra and its creditor banks are seeking to hand over responsibility for running the airport and its modernization to a consortium of Houston Airport System, Brazil's Andrade Gutiérrez Concesiones (AGC) and ADC Management of Canada.

More on this topic

$ 55 Million for Costa Rican Airport

January 2011

The Board of Directors of OPIC approved resources to support the expansion of the Juan Santamaría International Airport.

OPIC's loan will allow a consortium led by HAS Development Corporation (HASDC) to complete the renovation of the Juan Santamaría International Airport outside San Jose.

Costa Rica to expand San José international airport with IDB assistance

December 2009

Terminal's operator will use $45 million loan to refinance debt, carry out key infrastructure and service improvements

The Inter-American Development Bank approved a $45 million long-term loan to help finance the expansion of the Juan Santamaría International Airport in San José, Costa Rica, and support its new operator's plans to refinance debt.

Regional bank to back Costa Rica airport plan

May 2008

The Central American Bank for Economic Integration (BCIE) is to finance the modernization of Costa Rica's Juan Santamaría airport.

BCIE is backing the consortium that aims to take over the airport's operations from Alterra. The consortium, led by Houston Airport System (HAS) has yet to make a formal offer for Alterra, a Bechtel unit.

Bidders from Argentina, Colombia and the U.S. vie to operate Costa Rican airport

May 2008

Companies from Argentina, Colombia and the United States are exploring the possibility of operating the Juan Santamaría Airport, Costa Rica's largest. The government accuses the current operator of failing to fulfill its contractual obligations.

The bidders are Grupo América, of Aeropuertos Argentina 2000; Grupo Odinsa of Colombia; and Houston Airports of the U.S.

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